Jailed Audi CEO Pledges to Cooperate With Emissions-Cheating Probe

The CEO of Volkswagen's luxury brand Audi, jailed in a probe into his alleged role in the car maker's emissions cheating scandal, has pledged to cooperate with prosecutors and could be released within days, a Munich prosecutor said.

 
GameStop in Talks About Potential Deal

Videogame retailer GameStop said it was in "exploratory discussions" with unnamed third parties regarding a potential deal.

 
Big Oil Tries to Take the Fracking Boom Global

A BP project deep in Oman's desert shows how big-oil companies are taking hydraulic-fracturing techniques perfected in Texas to the global stage, where they had long struggled.

 
CVS Adds Home Delivery With Help From Post Office

CVS HealthCorp. has enlisted the U.S. Postal Service for a new home delivery service, as the drugstore giant strives to stave off Amazon.com Inc. and other rivals.

 
KKR Explores Sale of $3.5 Billion European Telecom Operator

KKR is exploring the sale of European telecom operator United Group in a transaction that could value the company at around $3.5 billion, including debt.

 
Roche to Pay $2.4 Billion for Full Control of Foundation Medicine

Roche said it would pay $2.4 billion to buy the shares it doesn't already own in Foundation Medicine, furthering its bet on personalized cancer care.

 
Apple Fined as Customers Win a Right-to-Repair Fight

Apple was punished in Australia for refusing to offer free fixes for iPhones and iPads that were previously serviced by non-Apple stores, the latest episode in a global dispute between companies and consumers about the right to repair.

 
Xiaomi Will Have to Dial Down Valuation Hopes

The tech company has postponed plans for a mainland Chinese listing-a blow to its hopes of a high valuation.

 
Oracle's Past Surprises on Guidance Leave Analysts Wary

Oracle is set to report financial results for its fiscal fourth quarter after the close of trading Tuesday. Here's what you need to know.

 
Flea-Market App Mercari Jumps More Than 70% in Tokyo Debut

Japanese flea-market app Mercari's valuation soared to $6.5 billion on its first day of trading, as investors celebrated the eBay rival's debut in a country that is nearly bereft of influential technology startups.

(END) Dow Jones Newswires

June 19, 2018 09:00 ET (13:00 GMT)

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